Foresight News reported that Mashang Consumer Finance launched the country's first financial blockchain management platform for consumer finance companies at the '2025 Smart Expo · Digital Industry Ecosystem Conference'. Relying on this platform, Mashang Consumer Finance successfully issued the 'Anyihua 2025 Third Phase Personal Consumer Loan Asset-Backed Securities'. According to relevant personnel from Mashang Consumer Finance, this is the first asset-backed securities using blockchain technology by a consumer finance company in the country. The issuance of subsequent financial bonds, asset-backed securities, and other financial products will regularly utilize this platform's technology, continuously expanding the application boundaries of blockchain in the consumer finance sector.